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华森制药 — Financial Statements
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
+Revenue 775.0M 692.0M 785.0M 846.0M 882.0M
Revenue Growth % 12.0% -11.8% -7.2% -4.1% --
Total Revenue 775.0M 692.0M 785.0M 846.0M 882.0M
Cost Of Revenue 331.0M 311.0M 319.0M 400.0M 458.0M
+Gross Profit 444.0M 381.0M 466.0M 446.0M 424.0M
Gross Margin % 57.3% 55.1% 59.4% 52.7% 48.1%
Total Operating Cost 703.0M 655.0M 691.0M 753.0M 780.0M
Selling Expenses 251.0M 211.0M 246.0M 259.0M 225.0M
Admin Expenses 57.8M 53.1M 46.6M 39.2M 43.9M
Rd Expenses 59.1M 78.1M 58.8M 41.7M 36.5M
Finance Expenses -10.8M -8.8M 2.9M 1.8M 6.9M
+Operating Income 93.8M 45.8M 109.0M 103.0M 137.0M
Operating Margin % 12.1% 6.6% 13.9% 12.2% 15.5%
Non Operating Income 208,000 148,600 202,800 210,800 243,700
Non Operating Expenses 566,700 3.2M 791,900 103,000 632,700
Investment Income -6.1M -8.1M -4.1M -2.3M 4.2M
Fair Value Change Income 7.5M 3.5M 1.5M 986,000 1.2M
Asset Disposal Income -- 58,500 -- -- 1,600
Asset Impairment Loss 1.9M 1.1M 1.3M 609,600 577,500
Other Income 20.9M 14.0M 16.8M 11.5M 29.7M
Income Before Tax 93.4M 42.8M 108.0M 103.0M 137.0M
Income Tax 16.7M 10.1M 9.8M 11.6M 17.9M
+Net Income 76.7M 32.7M 98.4M 91.8M 119.0M
Net Margin % 9.9% 4.7% 12.5% 10.8% 13.5%
Net Income Attributable 76.7M 32.7M 98.4M 91.8M 119.0M
Minority Interest -- -- -- -- --
Eps Basic 0.18 0.08 0.24 0.23 0.30
Eps Diluted 0.18 0.08 0.24 0.23 0.30
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 457.0M 438.0M 504.0M 430.0M 481.0M
Trading Financial Assets 121.0M -- -- 80.6M 50.1M
Accounts Receivable 175.0M 169.0M 217.0M 164.0M 167.0M
Notes Receivable 97.9M 76.1M 98.2M 74.9M 58.9M
Notes And Accounts Receivable 273.0M 245.0M 315.0M 239.0M 226.0M
Prepayments 7.9M 5.6M 14.0M 7.8M 8.6M
Inventory 140.0M 152.0M 115.0M 127.0M 119.0M
Total Current Assets 1.0B 895.0M 957.0M 894.0M 889.0M
Long Term Equity Investment 15.4M 21.9M 26.0M 13.6M 16.4M
Fixed Assets -- 567.0M 604.0M 630.0M 578.0M
Fixed Assets Total 528.0M 567.0M 604.0M 630.0M 578.0M
Construction In Progress -- 25.8M 17.5M 23.5M 95.9M
Construction In Progress Total 10.2M 25.8M 17.5M 23.5M 95.9M
Intangible Assets 126.0M 107.0M 75.3M 76.8M 53.5M
Long Term Deferred Expenses 6.7M 9.2M 4.0M 2.0M 2.2M
Total Non Current Assets 886.0M 957.0M 910.0M 877.0M 832.0M
Total Assets 1.9B 1.9B 1.9B 1.8B 1.7B
Short Term Borrowings -- -- -- -- 12.0M
Accounts Payable 64.4M 55.2M 48.0M 76.1M 92.0M
Advance Receipts 1.0M 1.3M 910,600 872,700 621,400
Contract Liabilities 8.7M 4.4M 5.8M 3.5M 30.3M
Total Current Liabilities 212.0M 189.0M 211.0M 207.0M 256.0M
Long Term Borrowings -- -- -- -- --
Total Non Current Liabilities 45.5M 44.9M 45.0M 299.0M 284.0M
Total Liabilities 258.0M 234.0M 256.0M 506.0M 540.0M
Paid In Capital 418.0M 418.0M 418.0M 402.0M 402.0M
Capital Reserve 459.0M 459.0M 455.0M 129.0M 131.0M
Surplus Reserve 101.0M 93.0M 88.2M 78.8M 70.3M
Retained Earnings 682.0M 649.0M 650.0M 581.0M 509.0M
Minority Equity -- -- -- -- --
Equity Attributable 1.7B 1.6B 1.6B 1.3B 1.2B
Total Equity 1.7B 1.6B 1.6B 1.3B 1.2B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 760.0M 727.0M 664.0M 701.0M 664.0M
Tax Refunds Received 3.7M -- -- -- --
Total Operating Cash Inflow 800.0M 858.0M 693.0M 737.0M 719.0M
Cash Paid For Goods 184.0M 205.0M 163.0M 215.0M 172.0M
Cash Paid To Employees 147.0M 136.0M 143.0M 130.0M 128.0M
Taxes Paid 84.5M 80.8M 64.6M 93.5M 92.1M
Total Operating Cash Outflow 638.0M 639.0M 680.0M 655.0M 605.0M
Operating Cash Flow 162.0M 219.0M 13.0M 82.9M 114.0M
Total Investing Cash Inflow 349.0M 862,800 133.0M 61.1M 400.0M
Total Investing Cash Outflow 456.0M 158.0M 139.0M 170.0M 312.0M
Investing Cash Flow -107.0M -157.0M -5.3M -109.0M 87.3M
Cash From Borrowings -- 70.0M -- -- 12.0M
Dividends And Interest Paid 35.5M 30.2M 23.0M 13.4M 19.4M
Debt Repayments -- 70.0M -- 12.0M --
Total Financing Cash Inflow -- 70.2M -- -- 13.7M
Total Financing Cash Outflow 35.6M 100.0M 32.3M 25.7M 19.8M
Financing Cash Flow -35.6M -30.2M -32.3M -25.7M -6.1M
Net Change In Cash 19.0M 31.8M -24.2M -51.4M 195.0M
Ending Cash Balance 457.0M 438.0M 406.0M 430.0M 481.0M
Capex 16.2M 92.8M 60.6M 56.6M 46.7M
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